Exactly what does it mean to pay yourself first? Overall, it means that your top priority should be to put a certain amount of money into your savings and/or investment accounts before you pay your monthly expenses, such as your rent or mortgage payment, car payment, student loan payment and so forth. This could help … Read more
Some Gen Zers are looking to buy homes Despite the ongoing economic turmoil wrought by the COVID-19 outbreak, many members of Generation Z (born after 1996) are attending college, starting their careers and even buying homes for the first time. Gen Zers comprise just under 10% of potential homebuyers in any of the nation’s largest metros. But … Read more
We all want to make more money While most of us have our own personal and specific financial goals, we also share many common goals and generally want similar outcomes when it comes to money. We want to earn more money. We want to retire at a reasonable age. We want to improve the relationship … Read more
This year has been rough. And to make matters worse, some of the financial advice given out during 2020 has been awful. Here’s our list of the worst financial advice in 2020. Let’s start by looking at some of the terrible “day-to-day” advice. This is bad guidance that could affect your everyday lives and choices, … Read more
Selling chicken and waffles was always going to be a bit of an uphill battle in a San Francisco neighborhood best known for its sporty young residents, their pilates studios and salad spots. That didn’t stop restaurateur Mohammed Hamdan from setting his sights on a new storefront on Chestnut Street, the Marina neighborhood’s popular shopping … Read more
These tips will make your life rich for two reasons: realizing the joy of living in the moment, and acknowledging the need to plan for the future. No complaining about the past here. Just sound tips for the here and now — which will also hold you in good stead for what’s to come. Image … Read more
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) today filed a complaint against PGX Holdings Inc. and subsidiaries Progrexion Marketing Inc., Progrexion Teleservices Inc., eFolks LLC, and CreditRepair.com Inc.; and against John C. Heath, Attorney at Law PLLC, which does business as Lexington Law. The lawsuit, filed in U.S. district court in Utah, alleges … Read more
Callers falsely claimed company represented Google, sought fees between $300 and $700 for first-page placement in online search results listings At the Federal Trade Commission’s request, a U.S. district court in Florida granted summary judgment against two individuals, approved six settlement agreements involving 11 defendants, and entered a default judgment against the remaining seven defendants, … Read more
How can I find my favorite TV show… tonight? For those of us currently paying for a cable TV connection, the answer is simple: turn on the TV, scroll through the dozens of simultaneously available channels, and select the perfect show. Now, sit back, relax and try not to think about the cost of such … Read more
WASHINGTON, D.C. — The Consumer Financial Protection Bureau recently filed a lawsuit in the federal district court in the Eastern District of New York against Forster & Garbus, LLP, a New York debt-collection law firm. The Bureau’s complaint alleges that Forster & Garbus violated the Fair Debt Collection Practices Act by representing to consumers that … Read more
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (Bureau) recently announced a settlement with Student CU Connect CUSO, LLC (CUSO), a company set up to hold and manage private loans for students at ITT Technical Institute. The Bureau filed a complaint and a proposed stipulated judgment in federal district court for the Southern District of … Read more
The popularity of video streaming services has taken off in the past few years. It’s become easier to stream video through smart TVs, streaming boxes that connect to your not-so-smart TV, and even streaming sticks. These devices let you stream video through popular apps like Hulu, Netflix, SlingTV, Amazon Prime Video, and YouTube TV. Unfortunately, … Read more
Have your finances been rocked by the coronavirus? Your credit card issuer might be willing to offer a helping hand, but you’ll likely have to ask for it. As America and the rest of the world wrestle with the COVID-19 pandemic, more daily lives are being upended. Lockdowns, self-quarantines and other drastic measures to stop … Read more
Are you worried that you won’t be able to make your next car payment because you’ve lost your job or income because of the Coronavirus? Or are you already behind on your payments? You’re not alone. Here’s what you can do: Contact your lender now. Some banks, credit unions, and auto financing companies are letting … Read more
If you’re a regular reader of this blog — or of the news, you know that scammers are out in force, taking advantage of all aspects of the Coronavirus pandemic. We’ve spotted plenty of bogus cures and treatments, but many of you have told the FTC about straight-up scams, like texts/emails/calls from a “government agency” … Read more